EU to suggest pragmatic methane law, as civil society groups step up scrutiny
The European Commission is preparing for a “pragmatic implementation” of the EU Methane Regulation, with a chance that the executive will propose further guidance to companies in an upcoming unofficial paper, sources told Carbon Pulse.
Read More“Don’t mess with EU ETS”, climate campaigners warn
Campaigners have urged Brussels to resist growing political pressure to dilute the EU Emissions Trading System (ETS), warning that weakening the bloc’s flagship carbon market in the name of industrial competitiveness would undermine two decades of decarbonisation efforts just as the system “is finally working somewhat”.
Read MoreSouth Korea urged to transform ports into renewable energy hubs
South Korea should transform its ports into renewable energy hubs by leveraging surplus power for port and ocean shipping electrification, according to a new report.
Read MoreGlobal shipping carbon price still on the table as countries agree to continue talks on Net-Zero Framework
Despite persistent attempts by some countries this week to dismantle key elements of the Net-Zero Framework (NZF) for global shipping, including removal of a carbon levy and decarbonisation fund, the framework has survived and is set to form the basis of further discussions.
Read MoreGlobal shipping carbon price in the crosshairs as countries debate future of Net-Zero Framework
Countries remain divided on what a Net-Zero Framework (NZF) for global shipping should look like, with some calling on Wednesday to scrap its carbon levy, and others to ditch any mechanism that collects revenue.
Read MoreIMO head calls for consensus on climate framework for shipping
The secretary-general of the UN’s maritime organisation, Arsenio Dominguez, wants to see “constructive and pragmatic exchanges” between countries during this week’s contentious negotiations on a global climate framework, and carbon price, for shipping, he said at the opening on Monday.
Read MoreBRIEFING: Countries continue to flesh out details for global carbon price for shipping despite petrostate influence
Those countries working to progress a global climate framework for shipping have this week engaged specifically on how to collect and distribute the revenues generated by a carbon price, despite continued opposition from petrostates and the US.
Read MoreGlobal carbon price for shipping back on the IMO negotiating table
Countries around the world are back to negotiating a carbon price for international shipping, with hoping to reach final adoption later this year – but they will have to contend with intense pressure to break the current framework apart.
Read MoreUS powers of disruption weakened in upcoming talks on net zero shipping -experts
The US remains a “disruptor” in upcoming UN talks about cutting emissions from shipping, although the oil crisis has helped to sharpen the business case shifting to clean fuels, experts said on Wednesday.
Read MoreTech firms launch world’s first at-sea maritime methane removal pilot
Technology developers have launched a 12-month pilot of a methane removal system aboard a bulk carrier, marking what the companies say is the first deployment of the technology under normal commercial shipping conditions, with ambitions to generate Gold Standard-certified carbon credits from the mitigation.
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